Funding you earn now, next payment 20:00 UTC−0.0212%/8hnext payment −$0.27 per $10,000 · paid last 24h −0.079%
Price spread now: SoDEX against Hibachi−0.141%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.141% cheaper against Hibachi than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi BNB/USDT-P | 799.93 | 0.0312 | pay 0.0039% / 1h | 5m 20s | $70K | $47K | 12x |
| Short | SoDEX BNB-USD | 798.80 | 0.0100 | get 0.0013% / 1h | 5m 20s | $393K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Hibachi. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.52
- Price spread: −0.141% → 0.000%
- −$14.09
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$75.61
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hibachi: no order-book sample; SoDEX: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hibachi no order-book sample | — | — | — | — | — |
| Sell SoDEX live order book, 3 min ago | 0.63 bp | 4.6 bp −$5 | 8.9 bp −$89 | 82.6 bp −$8,257 | doesn't fit |
Hibachi: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BNB on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 798.74 | −0.149% | $48K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 799.53 | −0.050% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 800.15 | +0.028% | $3.0M | $29.9M | 10x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 799.32 | −0.076% | $864K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0008% | 1h | 798.83 | −0.138% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 800.33 | +0.050% | $19K | $513K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0056% | 1h | 800.07 | +0.018% | $601K | $900K | 50x | as long as short |
| Variational Omni BNB | +0.0070% | 8h | 799.25 | −0.085% | $4.1M | $5.5M | — | as long as short |
| BingX BNB-USDC | +0.0078% | 8h | 799.30 | −0.078% | — | $13.2M | — | as long as short |
| Aster BNBUSDT | +0.0090% | 8h | 799.36 | −0.070% | $6.3M | $18.9M | 200x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.0096% | 1h | 799.19 | −0.092% | $2.8M | $4.1M | 20x | as long as short |
| MEXC BNB_USDT | +0.0097% | 8h | 799.90 | −0.003% | $83.9M | $15.2M | 200x | as long as short |
| Binance BNBUSDT | +0.0097% | 8h | 799.28 | −0.081% | $516.0M | $802.4M | 75x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 798.45 | −0.185% | $1.4M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 799.06 | −0.108% | $1.2M | $916K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 798.40 | −0.191% | $138.1M | $86.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 798.50 | −0.178% | $54.9M | $116.2M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 799.00 | −0.116% | $53K | $221K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 798.40 | −0.191% | $35.7M | $59.7M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 798.78 | −0.143% | $28.0M | $10.5M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 798.38 | −0.193% | $78.3M | $24.5M | 75x | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 800.11 | +0.022% | $4.2M | $76.0M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 800.15 | +0.028% | $158K | $439K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 798.85 | −0.135% | $120K | $881K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 798.71 | −0.152% | $386K | $627K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 798.84 | −0.136% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 799.86 | −0.009% | $13K | $1.7M | 50x | as long as short |
| SoDEX BNB-USDshort | +0.0100% | 1h | 798.80 | −0.141% | $393K | $1.0M | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 799.15 | −0.097% | $1.6M | $159K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 799.19 | −0.092% | $8.2M | $7.0M | 75x | as long as short |
| Bulk BNB-USD | +0.0100% | 1h | 799.93 | 0.000% | $649K | $3K | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 799.54 | −0.048% | $78K | $19K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.0101% | 8h | 799.90 | −0.003% | $107K | $2.7M | 4.8x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 798.35 | −0.197% | $1.9M | $6.4M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 798.78 | −0.144% | $384K | $40K | 10x | as long as short |
| Phemex BNBUSDT | +0.0112% | 8h | 799.69 | −0.030% | $69.9M | $51.7M | 50x | as long as short |
| Phoenix BNB | +0.0151% | 1h | 799.57 | −0.045% | $172K | $28K | 10x | as long as short |
| RISEx BNB/USDC | +0.0165% | 1h | 799.10 | −0.103% | $1.1M | $1.5M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0185% | 1h | 798.86 | −0.133% | $2.5M | $914K | 50x | as long as short |
| BloFin BNB-USDT | +0.0218% | 8h | 800.22 | +0.037% | $18.9M | $3.0M | 75x | as long as short |
| Hyperliquid BNB | +0.0222% | 1h | 799.38 | −0.068% | $51.3M | $21.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0280% | 1h | 799.76 | −0.021% | $28K | $1K | 10x | as long as short |
| Hibachi BNB/USDT-Plong | +0.0312% | 1h | 799.93 | long leg | $70K | $47K | 12x | |
| Reya BNBRUSDPERP | +0.0335% | 1h | 798.47 | −0.182% | $9K | — | 40x | as long as short |
| dYdX BNB-USD | +0.0365% | 1h | 799.53 | −0.049% | $169K | $55K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.0689% | 1h | 800.18 | +0.032% | $3.0M | $5.3M | 40x | as long as short |
SoDEX BNB-USD
GMX BNB/USD [WBTC.b-USDC]
GRVT BNB_USDT_Perp
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
Coinbase International BNB-PERP-INTX
Variational Omni BNB
BingX BNB-USDC
Aster BNBUSDT
Lighter BNB
MEXC BNB_USDT
Binance BNBUSDT
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Bulk BNB-USD
Paradex BNB-USD-PERP
Kalshi KXBNBPERP
Extended BNB-USD
Phemex BNBUSDT
Phoenix BNB
RISEx BNB/USDC
Kraken Futures PF_BNBUSD
BloFin BNB-USDT
Hyperliquid BNB
01 Exchange BNBUSD
Backpack BNB_USDC_PERP